Taiwan Futures Exchange (TAIFEX) announced margin adjustments on the following products: TAIFEX Gold Futures (GDF), TAIEX Options (TXO), Taiwan Stock Exchange Electronic Sector Index (TEO) and Taiwan Stock Exchange Finance Sector Index (TFO). The adjustment will become effective on March 24, 2007.
Unit: USD
| GDF | After adjustment | Before adjustment | ||||
| Initial Margin | Maintenance Margin | Clearing Margin | Initial Margin | Maintenance Margin | Clearing Margin | |
| Margin | 3.380 | 2.750 | 2.500 | 3.920 | 3.190 | 2.900 |
Unit: NTD
| TXO | After adjustment | Before adjustment | ||||
| Initial Margin | Maintenance Margin | Clearing Margin | Initial Margin | Maintenance Margin | Clearing Margin | |
| A | 21.000 | 17.000 | 14.000 | 27.000 | 21.000 | 18.000 |
| B (minimum margin) | 11.000 | 9.000 | 7.000 | 14.000 | 11.000 | 9.000 |
Unit: NTD
| TEO | After adjustment | Before adjustment | ||||
| Initial Margin | Maintenance Margin | Clearing Margin | Initial Margin | Maintenance Margin | Clearing Margin | |
| A | 20.000 | 15.000 | 13.000 | 23.000 | 18.000 | 15.000 |
| B (minimum margin) | 10.000 | 8.000 | 7.000 | 12.000 | 9.000 | 8.000 |
Unit: NTD
| TFO | After adjustment | Before adjustment | ||||
| Initial Margin | Maintenance Margin | Clearing Margin | Initial Margin | Maintenance Margin | Clearing Margin | |
| A | 14.000 | 11.000 | 9.000 | 21.000 | 17.000 | 14.000 |
| B (minimum margin) | 7.000 | 6.000 | 5.000 | 11.000 | 9.000 | 7.000 |
